C-Trade says DPO Payment option no longer available after Zim exit

Pride Mzarabani C-Trade has announced that the DPO payment option is no longer available for depositing funds on its platform. This change is due to...

Zinara disburses ZWG2.7 bln in 9 months to Sept

Itai Ndongwe The Zimbabwe National Road Administration (Zinara) has disbursed ZWG2.7 billion for the period January to September this year, with these funds allocated to...

Caledonia maintains F24 production target despite Q3 dip

HARARE - Caledonia Mining Corporation maintained its forecast for gold production even though production from the Blanket gold mine in Zimbabwe eased slightly in...

AfDB approves US$34.8m grants for Malawi & Zimbabwe’s climate resilience

The African Development Bank has approved US$34.8 million, (US$34,796,402.40) in grants to enhance resilience and adaptation to climate disaster risks for vulnerable communities in...

Zim to provide incentives to miners for beneficiation facilities

Itai Ndongwe  HARARE (FinX) - Zimbabwe intends to provide incentives to mining companies that establish beneficiation facilities in the country, encouraging miners to increase their...

World Bank approves new country engagement note for Zim

Talkmore Gandiwa  The World Bank has approved a new Country Engagement Note (CEN) focused on supporting the country’s immediate development priorities for 2025 to 2026. The...

Another Cresta managed hotel for Vic Falls as UCPF seeks US$2.9m

BULAWAYO – The Unified Councils Pension Fund is looking at raising US$2.9 million through private placement for the construction of a three-star hotel in...

Zimbabwe’s Land Reform: A New Era of Security of Tenure for...

HARARE (FinX) - In a landmark move aimed at revitalising the agricultural sector, the Zimbabwean government has announced significant reforms to enhance security of...

Mutashu pens a letter to Mthuli

Harare - The Confederation of Zimbabwe Retailers (CZR) has written to the government appealing for the swift implementation of the zero-rating of Value Added...

Cicada Solar secures US$10m facility

Cicada Solar, a leading provider of renewable energy solutions in Zimbabwe, secured a significant boost to its operations with a US$10 million long term...

Supreme Court Rules in Favor of Competition Tariff Commission in Profeeds...

HARARE (FinX) -  In a significant ruling, the Supreme Court of Zimbabwe has upheld the appeal of the Competition Tariff Commission (CTC) against a...

Tourism receipts rise 15% to US$252m in Q2

HARARE (FinX) -  Tourism receipts are estimated to have increased by 15% to US$252 million in the second quarter of 2024 from US$220 million...

Banks sound alarm on latest currency measures, warn of liquidity crunch

HARARE (FinX) - The Bankers Association of Zimbabwe has said that the Reserve Bank of Zimbabwe should consider staggering the increase on statutory reserves,...

Bilboes potentially can be Zimbabwe’s biggest gold mine

MINING AFRICA REVIEW - A recently released Preliminary Economic Assessment (PEA) has confirmed that Caledonia Mining’s Bilboes project has the capacity to produce 150...

Zimplats has invested over US$12 bln in operations since 2003

Zimplats, Zimbabwe's largest platinum group metals (PGMs) producer, has invested over US$12 billion since FY2003 to expand and modernise its mining operations, and this...

Irked residents condemn gravel extraction on Warren Hills

Talkmore Gandiwa On the top of a hill, bulldozers and caterpillars manoeuvre, slicing off chunks of the mountain’s remaining sections almost approaching an enormous concrete...

Zimbabwean Truck driver arrested for Smuggling bleaching creams in SA

Musina; South Africa - A Zimbabwean national Anolt Tafa, appeared before a South African Magistrate for charges of contravention of the Medicines and Related...

PowerTel seeks US$30 mln to expand regional footprint

Itai Ndongwe  HARARE - PowerTel is looking to expand its southern African footprint through a US$30 million investment, as it seeks to boost foreign currency...

Zambian Breweries launches Eagle Extra 

LUSAKA, ZAMBIA – Eagle Extra is the new bold addition to Zambian Breweries’ Eagle beer portfolio. Eagle Extra stands out as a well-crafted, distinct tasting beer...

Download: August milk production figures

Milk production Figures Jan-Aug 2024 HARARE - In the first eight months of this year, Zimbabwe produced 75.2 million litres of milk, a 19.3% increase from...